FILING ASSETS AND LIABILITIES BY PUBLIC SERVANTS
Press Information Bureau
Government of India
Ministry of Personnel, Public Grievances & Pensions
03-December-2014 13:44 IST
Filing Assets and Liabilities
Section
44 of the Lokpal and Lokayuktas Act, 2013 mandates that every public
servant (as defined in the Act, which includes Ministers, Members of
Parliament, Government employees, employees of statutory bodies, PSUs,
etc.) shall make a declaration of his assets and liabilities as well of
his spouse and dependent children in the manner as provided by or under
the said Act. In exercise of the powers conferred by sub-section (1)
read with clause (k) and clause (l) of sub-section (2) of section 59 of
the Lokpal and Lokayuktas Act, 2013 (1 of 2014), read with section 44
and section 45 of the said Act, the Central Government has notified the
Public Servants (Furnishing of Information and Annual Return of Assets
and Liabilities and the Limits for Exemption of Assets in Filing
Returns) Rules, 2014 in the official Gazette on 14th July, 2014, which,
inter alia, contain the forms in which such information/return is
required to be filed.
Subsequently,
concerns and apprehensions were raised by several
Ministries/Departments and other stakeholders, inter alia, about the
complexity involved in furnishing the desired details in the forms
prescribed under the Rules. Accordingly, the Government of India vide
its order dated 28-08-2014, constituted a Committee to simplify the
forms and the process in which public servants shall make declaration of
assets and liabilities. The said Committee has submitted its First
Report on 01-10-2014, recommending simplified formats for declaration of
moveable property and for declaration of debts and other liabilities by
public servants.
The
Public Servants (Furnishing of Information and Annual Return of Assets
and Liabilities and the Limits for Exemption of Assets in Filing
Returns) Rules, 2014 have also been amended by a notification dated 8th
September, 2014, by which the time limit, for furnishing of such
information/return by public servants, has been extended till 31st
December, 2014.
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